5 Room (5I) HDB for Sale in 766 Pasir Ris Street 71

The HDB 5-room unit in Pasir Ris, with a remaining lease of 67 years, has been appraised at an estimated value of $697,798, equating to a price per square foot (PSF) of $510. This valuation is indicative of the property’s competitive positioning within the current market landscape, showcasing a market price that is 3.9% above the baseline. Such a premium is reflective of the localized demand dynamics and the desirability of the Pasir Ris area, particularly among families seeking spacious accommodations within a well-connected neighborhood.

Our analysis, grounded in a robust dataset of 398 recent HDB resale transactions in the vicinity, demonstrates a high level of confidence in this valuation model. The positive market signal and the property's remaining lease underpin its investment potential. The Pasir Ris estate is characterized by its strategic location, proximity to amenities, and the ongoing developments in the region, which collectively enhance its attractiveness for both end-users and investors alike. As such, this valuation not only highlights the current market trends but also suggests a stable investment opportunity in Singapore's ever-evolving real estate landscape.